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Bullish Bitcoin Sentiment Growing As Breakout Eyed
Bitcoin prices are bouncing back firmly on Monday with BTC futures up more than 2% today and now up almost 5% off last week’s lows. News of a continued rise in institutional demand for BTC has helped underpin sentiment with BTC ETFs recording huge inflows last week, reflecting the residual view that BTC is primed to breakout higher. Indeed, recent headlines show that Japanese investor Metaplanet has issued around $210 million in fresh debt with a view to purchasing more BTC. Strategy founder Michael Saylor is currently in talks with Pakistan aimed at the country including Bitcoin as part of its currency reserves. ... (full story)
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